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Cost-of-living crisis brings back 1970s shopping habits

Nearly three-quarters of European consumers are cutting back spending on everyday items, including food, to make ends meet amid a worsening cost-of-living crisis. A new survey shows that 71% of consumers across six key markets in Europe have already made significant changes to how they shop as they battle to cope with inflation that is reaching levels not seen in ...

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Antitrust watchdog to investigate surging Canadian grocery prices

Canada’s Competition Bureau is launching a study of grocery store competition in the country amid a growing outcry over surging prices for food. While extreme weather, higher input costs, supply chain disruptions and Russia’s invasion of Ukraine may have contributed to higher food inflation, the antitrust watchdog said it wants to better understand whether lack of competition is also at ...

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Flair Airlines in talks to merge with former Boeing CEO’s SPAC

Flair Airlines Ltd, a low-cost Canadian airline, is in talks to go public through a merger with New Vista Acquisition Corp., a blank check-firm backed by a former Boeing Co. chief executive officer. New Vista may seek to raise additional financing to support a transaction. The special purpose acquisition company is led by Dennis Muilenburg, Boeing’s CEO from 2015 to ...

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